The European export market for flat knitting machines, stitch-bonding machines, and warp knitting machines is dominated by France, contributing a significant majority of the share at 83.4%. The United Kingdom and the Netherlands follow with 4.3% and 1.57% respectively. France's export contribution surged by 99.08% in 2023, while the UK saw a decline of 17.43%. Smaller markets like Greece and Croatia experienced notable growth, with Greece increasing by 130.1% and Croatia by 36.51%.
Future trends to watch in this segment include:
- The continuing dominance of France in exports and potential market expansions.
- Possible recoveries or further downturns from the UK as it adjusts to post-Brexit market conditions.
- Emerging markets such as Greece showing rapid growth may continue to expand their market share.
- Innovations in textile manufacturing technology could drive changes in export dynamics.
Top countries in Export of Flat Knitting Machines, Stitch-Bonding Machines and Warp Knitting Machines Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 83.4 | 2023 | +10.7% | +99.08% | View data |
| 2 | 2 United Kingdom | 4.3 | 2023 | -21.27% | -17.43% | View data |
| 3 | 3 Netherlands | 1.57 | 2023 | +5.07% | +43.9% | View data |
| 4 | 4 Spain | 0.44 | 2023 | +21.53% | +49.83% | View data |
| 5 | 5 Italy | 0.44 | 2021 | +5.19% | -0.67% | View data |
| 6 | 6 Denmark | 0.11 | 2023 | +6.32% | -16.88% | View data |
| 7 | 7 Lithuania | 0.1 | 2023 | +2.9% | -19.6% | View data |
| 8 | 8 Greece | 0.084 | 2023 | +10.45% | +130.1% | View data |
| 9 | 9 Finland | 0.082 | 2023 | +23.16% | +3.4% | View data |
| 10 | 10 Romania | 0.066 | 2023 | +0.78% | -2.56% | View data |
